• SENSEX
    NIFTY 50
Aviation

Airline profits this year unlikely at December forecast level, says IATA chief

Updated : May 31, 2018 11:10 AM IST

Profits in the airline industry are unlikely to reach the record levels forecast in December due to a jump in fuel costs, the head of the world’s leading air transport group said on Thursday.
International Air Transport Association (IATA) Chief Executive Alexandre de Juniac said his organization will issue fresh forecasts next week, and that airline profits were still likely to be robust.
The December projections were based on oil at $60 per barrel, Juniac said.
Airline profits this year unlikely at December forecast level, says IATA chief
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV